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  Published Paper Details:

  Paper Title

THE CRITICAL ROLE OF REAL ESTATE SECTOR IN INDIA WITH REFERENCE TO COVID 19.

  Authors

  Sumi A.M,  Asha Devi J,  K.S Chandrasekar

  Keywords

Covid-19; Service Sector; Real Estate Sector; India

  Abstract


ABSTRACT Covid 19 pandemic has affected the global economy and service sector in India. It has hit almost every industry and business of the economy in every corner of India. India's world real estate sector ranks second in generating employment and contributing to about five percent of GDP. As a result of covid-19, the new housing supply decreased, and the revenue declined significantly. It affected the real estate industry and our nation equally. The purpose of the current study is to assess the impact of covid-19 on the service sector of the real estate industry in India. From 2021 onwards, the pandemic may affect buyers' preferences regarding the choice of real estate with multiple layouts with more high safeness, hygiene, and captive amenities may find their thanks to more takers. In terms of economic land, satellite headquarters in non-conventional micro-markets, i.e., beyond the Central Business Districts (CBDs), will be absorbed quickly and effectively. This paper mainly focuses on the real estate sector and how much the outbreak of covid-19 influenced the real estate sector in India. It also discussed the strategies and responses taken by the real estate sector to sustain the Indian economy.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2203605

  Paper ID - 217588

  Page Number(s) - f285-f293

  Pubished in - Volume 10 | Issue 3 | March 2022

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Sumi A.M,  Asha Devi J,  K.S Chandrasekar,   "THE CRITICAL ROLE OF REAL ESTATE SECTOR IN INDIA WITH REFERENCE TO COVID 19.", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.10, Issue 3, pp.f285-f293, March 2022, Available at :http://www.ijcrt.org/papers/IJCRT2203605.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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